On-chain perpetual & spot dex: BTC, ETH, SOL and many other top crypto assets available with up to 100x leverage directly from your own wallet
Joined February 2021
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GMX launches the 3 top energy commodity perps on Arbitrum:
π’οΈ WTI Crude Oil (WTIOIL/USD)
π’οΈ Brent Crude Oil (BRENTOIL/USD)
β½ Natural Gas (NATGAS/USD)
Low fees, available even on weekends, and with price data delivered via @Chainlink Data Streams.
Live now.
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GMX π« retweeted
Jun 5
I missed the best LP benchmark in DeFi.
@JasonvuTech from @brownfiamm told me something I didn't know: @GMX_IO, the first perpetuals protocol to popularize revenue sharing, benchmarks its pools against @Uniswap v2.
The outperformance charts are public and the gap is insane. I've been using the wrong reference point entirely.
> I honestly don't know if there are structured products on top of GMX that hedge the 50% volatile exposure. Do you?
BrownFi v2's original pitch was that LPs earned more than simply holding the underlying 50/50 pair. That worked well until October's crash, where it basically stopped.
> BrownFi v3 is adding more customization layers with the explicit goal of competing against both benchmarks; not just v2 but GMX too.
The benchmark was always there. I just wasn't looking at the right chart.
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GMX Masters is open for early sign-ups!
A 4-week auto-trading competition, with a $15,000 USDC prize pool. AI signals from @elfa_ai. Every trade executes live on GMX's perp markets.
Create the best strategy and win. β¬οΈ
If you claim to be an opportunist, you must be lying if you pass this up.
$15,000 USDC on the table for you.
Four ways to win:
Auto trading, strategy sharing, subscribing, and participating.
GMX Masters early signups are now open. Link below.
15th Jun - 12th Jul.
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SPCX/USD perps are now live on GMX.
Trade pre-IPO exposure to SpaceX, one of the worldβs most valuable private companies, with up to 10x leverage.
SPCX is a new type of market, launching with limited initial OI capacity as GMX builds the infrastructure for pre-IPO perps.
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SPCX/USD is a synthetic perpetual market, part of GMXβs expanding RWA perps offering.
It is not SpaceX equity and does not provide shares, ownership, voting rights, dividends, IPO allocation, or redemption rights.
Post-IPO, the market's parameters are expected to transition to an On-Hours/Off-Hours schedule.
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Learn more about how funding costs have decreased and stabilized:
x.com/GMX_IO/status/20552963β¦
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Funding costs on GMX have just dropped by ~65%.
Since the late-April update to the mechanism, traders are paying dramatically less to hold positions, and this change held across 93 of 109 perp markets.
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Perps are now live on Prism
Powered by @GMX_IO, no added fees on top
Try MOSS, now in private beta, for a smoother trading experience.
Step 1: Click on MOSS Connect (you must be logged out of any wallet)
Step 2: Create an account and fund it
Step 3: Enable one-click for the duration of your choice
Proven perps infra for a sharper onchain trading experience
Link in reply
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GMX π« retweeted
May 28
Why does Doji's execution layer run on @GMX_IO
On a funded account, execution quality decides outcomes.
Slippage on size is the difference between a clean payout and a blown account.
GMX is one of the longest-running onchain perpetual exchanges in crypto.
Since launching on @arbitrum , it has built a reputation for consistent execution and deep liquidity on size.
GMX V2's architecture absorbs the order flow from funded accounts without degrading fills.
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